Professor Jonathan Portes - Economist Kings College London gives a view on the new chancellor…
While we’re at it… To quote Lord Sugar, after meeting Jeremy Hunt,
“He comes from a long line of Hunts” and he’s certainly proved this allusion to the female pudenda in his political life, he was a complete ‘Hunt’ while Health Secretary, and as Chancellor he’s demonstrably a massive ‘Hunt.’
Whilst Sterling rose for a short while after his TV statement this morning, after his performance in the House, it dropped again.
There was a bad situation which was then made horribly worse, and now it would be a miracle if anyone could fix it within the next five years.
Unfortunately, Truss will remain in place simply because no-one with half an ounce of common sense would want to be PM now.
Hunt’s main job is to keep Truss under control.